Tata Power is a leading power company in India with a generation capacity of over 10,577 MW. The company has a strong focus on sustainability and was ranked 3rd in the 2017 Responsible Business Rankings developed by IIM Udaipur. In addition, Tata Power became the first Indian company to ship over 1 GW of solar modules in February 2017.
Current Market Cap and P/E Ratio
As of October 6, 2022, the current market cap of Tata Power is INR 70,840.68 Cr. The company’s current price-to-earnings (P/E) ratio is 15.29.
Financial Performance
Over the past period of time, Tata Power has seen a sales growth of -15.65% and a profit growth of 856.92%. It’s important to keep in mind that past performance is not necessarily indicative of future results.
Tata Power Share Price Targets
The following are the projected share price targets for Tata Power for the years 2022-2030, based on a analysis of the company’s chart on Trading View. These targets should be used for reference purposes only and do not take into account any uncertainties in the company or global market conditions.
| Year | TATA power Share Price Targets (INR) |
|---|---|
| 2022 | 220 |
| 2023 | 400 |
| 2024 | 690 |
| 2025 | 1000 |
| 2026 | 1200 |
| 2027 | 1460 |
| 2028 | 1690 |
| 2029 | 1900 |
| 2030 | 2000 |
Business Model
Tata Power is an integrated power company involved in power generation, transmission, and power trading. The company has operations in India, Singapore, Indonesia, Bhutan, and South Africa. Its operations are based at 35 locations in India, and it has a total of 2,136 employees across all its locations.
Strengths
Some of the strengths of Tata Power include:
- Strong focus on sustainability
- Diversified operations across various geographies
- Strong financial performance
Weaknesses
Some of the weaknesses of Tata Power include:
- Dependence on regulatory policies in certain geographies
- Potential risks associated with power transmission and distribution
Shareholding Pattern
The shareholding pattern of Tata Power is as follows:
- Promoters: 66.92%
- Public: 33.08%
Competitors
Some of the competitors of Tata Power in the power generation and distribution sector include:
- NTPC
- Adani Power
- Reliance Power
Conclusion
Tata Power is a leading power company in India with a strong focus on sustainability. The company has a diversified presence across various geographies and has seen strong financial performance in the past. However, it’s important to carefully consider the company’s business model, financial performance, and potential risks before making any investment decisions.